Inflation, stagnation… even stagflation and recession… these are the words that look like they will define global economies in 2022 and into 2023. There’s barely a country that is being spared the crunch, and we are already seeing heated debate among global politicians as to the appropriate fiscal response. Do we spend or save our way out of this?
For organisational leaders the quandary is the same, but without the ideological hot potato of taxation policy, the likelihood is that belt tightening will be pretty universal. If you watch the stock market you might think the relative resilience of tech stocks is a sign that tech spend might be protected, but the reality is that inflation comes for us all. With few exceptions, across all departments, business leaders will be asked to do the same—or more—with less. We will all need to grapple with rising prices with less in our pocket—and for security professionals this is all happening while the risk landscape they are facing is evolving quickly.
Those who are already in the process of security and network transformation may find themselves in a privileged position, with a head start on the identification of cost savings that don’t impact negatively upon the organisational secur